How to Know You're Wasting Money for Auto Insurance in Smithville

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you you're not alone. Numerous battle for your hard-earned dollar, so it can be very hard to choose a to get the lowest rate

If you have a current auto insurance policy or are shopping for new coverage, you can learn to shop for the lowest rates and possibly find even better coverage. Finding affordable coverage in Smithville is not that difficult. Texas consumers only need to know the proper methods to compare prices over the internet.

How much can you save with discounts?

Companies offering auto insurance don't always advertise all available discounts in an easy-to-find place, so the following is a list of both well-publicized and also the lesser-known auto insurance savings. If they aren't giving you every credit possible, you are throwing money away.

Clubs and Organizations - Participating in certain professional organizations could qualify you for a break when buying auto insurance.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy can get a discount on all vehicles.
Save over 55 - If you qualify as a senior citizen, you may be able to get a discount up to 10%.
Fewer Miles Equal More Savings - Fewer annual miles could qualify for lower rates on the low mileage vehicles.
Military Discounts - Having a deployed family member may qualify for rate reductions.
Student Driver Training - Make teen driver coverage more affordable by requiring them to enroll in driver's education if it's offered in school.
Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you can get free auto insurance, you won't be that lucky.

Save 15 percent in 15 minutes? Is it for real?

Texas consumers get pounded daily by advertisements that promise big savings from companies such as Allstate, GEICO and Progressive. All the companies say the same thing about savings after switching your policy.

How do they all make almost identical claims? It's all in the numbers.

All companies are able to cherry pick for the right customer that earns them a profit. A good example of a profitable customer could possibly be between 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A driver who fits that profile will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't meet the "perfect" profile must pay a higher premium which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers who switch" but not "drivers who get quotes" save that kind of money. That's the way companies can truthfully advertise the way they do. This illustrates why you should get a wide range of price quotes. It is impossible to predict which auto insurance company will provide you with the cheapest rates.

Even more information can be read at the Texas Department of Insurance website. Texas consumers can find out which companies have the most complaints, report car insurance fraud, learn about insurance regulations, and find disaster information.

In the end, you save

The cheapest auto insurance can be bought online in addition to many Smithville insurance agents, so compare prices from both to have the best rate selection. Some auto insurance companies do not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

As you go through the steps to switch your coverage, you should never buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed full coverage and found out when filing a claim that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.